AGP Executive Report
Last update: 3 hours agoWallet Security: Ledger is investigating reports of losses potentially exceeding $86 million involving devices sold by Southeast Asian reseller CryptoBilis. The amount and cause remain unconfirmed; Ledger has paused sales and urged recent buyers to take precautions. Market Moves: Bitcoin fell near $80,000 amid more than $1 billion in liquidations, while Oct. 8 ETF flows diverged: XRP funds gained $8.2 million as Bitcoin and Ethereum funds lost $244 million and $73 million, respectively. Enforcement: New York secured a lifetime industry ban for former Celsius CEO Alex Mashinsky, with up to $35 million in conditional payments. The U.K. also sanctioned three crypto firms over alleged links to Russian sanctions evasion. Iran-linked Crypto: Treasury Secretary Scott Bessent said U.S. authorities may seize about $1 billion in cryptocurrency tied to Iran; no seizure was confirmed. Bitcoin Finance: Bitcoin insurer Meanwhile raised $37.5 million in a round led by Bain Capital Crypto to expand internationally.
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